Jeff Bezos is a legendary CEO, however he wasn’t at all times seen that approach. From 2000 to 2002, Amazon (AMZN 2.73%) inventory dropped over 90% and the corporate virtually did not survive. Employees had been laid off, and buyers questioned his imaginative and prescient, however that is when the groundwork was laid for his final rise. One CEO reminds us quite a lot of Bezos.
*Inventory costs used had been end-of-day costs of Jan. 12, 2023. The video was printed on Jan. 13, 2023.
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